W8235 Elm Point ROADLake MillsWI53551
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Lake Mills at W8235 Elm Point ROAD, Lake Mills, WI, 53551 priced at $1,125,000 pairs $5,641/mo rent with after a $5,506/mo payment. Total monthly income equals $5,641/mo. Return on cash invested is 14.09% in year one, and rental yield stands at 6.02% on a $1,125,000 basis. Equity gained on principal adds $7,259/yr, and 5% annual appreciation accumulates to $310,817 by year five. Five-year ROI measures 72.22% and total cumulative return in cash reaches $263,252. For financing, Ziffy Mortgage’s DSCR program evaluates $5,641/mo property income against a $5,506/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2005
13.89 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53551, Lake Mills, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,328 (100%) |
| Owner Occupied HU | 2,898 (67.0%) |
| Renter Occupied HU | 938 (21.7%) |
| Vacant Housing Units | 492 (11.4%) |
| Median Home Value | $367,604 |
| Average Home Value | $467,331 |
Housing Distribution
Address Breakdown
Residential
4,048
Single Family
3,835
Multi-Family
213
Businesses
305
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Listed by: Barry Luce • RE/MAX Community Realty
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1888417
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.